Credit card processors and merchant services providers enable restaurants to accept credit, debit, and contactless payments. 74% of customers pay with credit or debit cards at dine-in restaurants, and 81% of restaurant transactions are cash-less. So, to remain profitable, restaurants need a restaurant credit card processor that offers a competitive processing rate. When considering your…
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25 Shopping Cart Abandonment Statistics
Approximately 69.57% of online shopping carts are abandoned before the purchase stage due to casual browsing, expensive prices, and account creation requirements. We’ve gathered a list of shopping cart abandonment statistics to help you better understand your online customers’ turn-offs and to increase sales. Below are 25 shopping cart abandonment statistics you need to know,…
Top POS Marketing Ideas to Maximize Sales
Point-of-sale (POS) marketing is a promotional strategy where products are placed right before check out to motivate customers for a last-minute purchase. In ecommerce, POS marketing includes cross-selling and upselling at the shopping cart or checkout stage online. In this article, we’ll cover point-of-sale marketing ideas along with insights and tips to improve your POS…
25 Creative Christmas Display Ideas & Examples
Despite the current COVID-19 health crisis, research shows just 63% of US consumers moved their shopping online, while the rest still prefer brick-and-mortar shops. And for retailers who look forward to the holiday season for a much-needed revenue boost, a joyful and eye-catching Christmas display will convince more shoppers to buy from their store. With…
5 Best Free Merchant Accounts for Small Businesses
Merchant services allow businesses to accept credit and debit card payments at a point-of-sale (POS) system, online, or through invoices. Technically, there is no way to accept card payments for free. However, there are merchant service and payment service providers with no setup fees, contracts, or monthly fees and more affordable alternative payment options. The…
6 Best Square Competitors for POS & Credit Card Processing
Square is a free point-of-sale (POS) system and payment processor loved by many small businesses because it’s an affordable, all-in-one solution. Though the company once dominated the market, many Square competitors now offer comparable products and services, some you could argue are better than Square. The best Square alternative depends on where you’re taking payments…
How to Prevent Chargebacks for Your Small Business
A chargeback is the reversal of funds from the customer to the merchant. Any business dealing with electronic charges—credit cards, ACH payments, eChecks, or online payment services like PayPal—are at risk of incurring chargebacks. The bank that issues the charge activates the chargeback at the request of the customer. It sends you a notice with…
8 Best Touch Screen POS Systems for Small Businesses
A touch screen POS system is a point-of-sale program that operates on tablets and handheld devices. This type of POS system is easier to use than traditional POS systems, and, being web-based, allows you to sync devices and monitor your business remotely. Touch screen POS systems require hardware, including a tablet, stand and credit card…
Best Self-Service Kiosks for Restaurants
Self-service kiosks are digital touch screens at restaurants and cafes that allow customers to place their own orders, rather than placing their order with a waiter or cashier. Most self-service kiosk software is available as a feature of the businesses’ larger point-of-sale (POS) system. However, some free-standing kiosk options integrate with multiple POS systems. Recent…
31 Online Shopping Statistics You Should Know
Online shopping statistics show that while brick-and-mortar purchases still make up a majority of consumer spending, online shopping is steadily on the rise. Many legacy brick-and-mortar chains are struggling to stay open. Meanwhile, a crop of new small businesses, direct to consumer retailers, and ecommerce startups are gaining popularity with shoppers. We’ve gathered over 30…
6 Best POS Inventory Systems
Point-of-sale (POS) inventory systems are software tools used by retailers and restaurants to process customer sales and track product or ingredient stock levels. Most POS inventory software has tools to ring sales, count inventory, and provide basic reports. The best POS systems also streamline product purchasing at prices starting at less than $100 per month….
How To Use Square To Process Credit Cards & Run Your Business
Square credit card processing offers an affordable, easy, and immediate way of accepting card payments. Square comes with a suite of free business management tools like customer directories, an online store, inventory tracking, and customer feedback collection. Learning how to use Square means you can get the most out of Square’s free tools. Square’s credit…